Korado-Bulgaria AD Full Year 2023 Earnings: EPS: лв0.30 (vs лв0.33 in FY 2022)

Korado-Bulgaria AD (BUL:KBG) Full Year 2023 Results

Key Financial Results

• Revenue: лв39.8m (down 28% from FY 2022).
• Net income: лв3.97m (down 9.4% from FY 2022).
• Profit margin: 10.0% (up from 7.9% in FY 2022). The increase in margin was driven by lower expenses.
• EPS: лв0.30 (down from лв0.33 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Korado-Bulgaria AD Earnings Insights

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Building industry in Europe.

Performance of the market in Bulgaria.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Korado-Bulgaria AD (1 can't be ignored!) that you should be aware of.

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